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In the most recent NBC News poll, 54% of respondents say they disapprove of the job Biden is doing. In fact, Biden is now more personally unpopular than either Harris or Trump. Between now and Election Day, I do expect Harris to find more ways to differentiate herself from Biden. If that’s a Biden “hangover” that ends up hurting Trump more than Biden, it means team Harris effectively weaponized his age. In this most recent poll, Trump was losing the core Democratic states by only 13 points.

Persons: Biden, Joe Biden’s, Donald Trump, Kamala Harris, —, couldn’t, Biden isn’t, it’s, Let’s, Harris, haven’t, “, ”, John Kerry, Kerry, George W, Trump, George H.W, George H.W . Bush, Richard Nixon, Hubert Humphrey, Al Gore, Gore, Humphrey, Nixon, that’s, Nate Cohn Organizations: White House, Biden, NBC, GOP, Democratic, Trump, The New York Times, Electoral College, Electoral Locations: Iraq, George H.W .

☆ Top States: Arizona gains strength in economy and infrastructure while quality of life falls
▼ + stars: | 2024-10-16 | by ( Scott Cohn | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTop States: Arizona gains strength in economy and infrastructure while quality of life fallsCNBC's Scott Cohn reports on business in the swing states this election.

Persons: CNBC's Scott Cohn Locations: States, Arizona

☆ Buying a home? Here are some key steps to consider from top-ranked advisors
▼ + stars: | 2024-10-15 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +5 min

Therefore, if you are looking to buy a home, there are certain steps you should take to prepare for the purchase, according to several advisors ranked in CNBC's 2024 Financial Advisor 100 List. 23 on the 2024 CNBC FA 100 list. 61 on the 2024 CNBC FA 100 list. 7 on the 2024 CNBC FA 100 list. 38 on the 2024 CNBC FA 100 list.

Persons: you'll, It's, Brian Brady, Stephen Cohn, Ron Brock, Shaun Williams, Ryan D, Dennehy, Bankrate, Realtor.com, Steven LaRosa, Williams, Angi, Brady, it's, Cohn Organizations: Obermeyer, Investment, CNBC, Sage Financial Group, Brock Investment, Paragon Capital Management, California Financial Advisors, Edgemoor Investment Locations: Aspen , Colorado, West Conshohocken , Pennsylvania, Indianapolis , Indiana, Denver , Colorado, California, San Ramon , California, Bethesda , Maryland, Florida

☆ 'The Apprentice' director is 'optimistic' Trump will accept the presidential election results
▼ + stars: | 2024-10-14 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

With the 2024 election nearing, questions arise about whether Trump will accept the results if he loses. That "always claim victory" rule came into play during the 2020 presidential election. David Becker/Getty ImagesThe 2024 presidential election, in which Trump seeks to reclaim the presidency against Vice President Kamala Harris, is now less than a month away. The question of whether Trump will accept the results of this election remains unclear. Maria Bakalova as Ivana Trump and Sebastian Stan as Donald Trump in "The Apprentice."

Persons: Ali, Roy Cohn's, —, Ali Abbasi's, Donald Trump, Sebastian Stan, Roy Cohn, Jeremy Strong, Tony Schwartz, Cohn, Trump, he'd, Joe Biden, Trump insurrectionists, David Becker, Kamala Harris, Abbasi, Maria Bakalova, Ivana Trump, doesn't, Steven Cheung Organizations: Trump, Service, Pro, Capitol, Big League, CBS News, Business Locations: New York, Vegas, Scythia, United States

☆ ‘The Apprentice’ star Sebastian Stan reveals he relied on ‘instinct’ to play a young Donald Trump
▼ + stars: | 2024-10-12 | by ( Dan Heching | Richard Damigella | ) edition.cnn.com time to read: +3 min

“I think instinct is everything, and collaboration,” Stan said in a recent interview with CNN. CNN reported in May, around the time of the film’s premiere at the Cannes Film Festival, that Trump’s team was considering a lawsuit over the film’s release and distribution. “This garbage is pure fiction which sensationalizes lies that have been long debunked,” Steven Cheung, a Trump campaign spokesperson, said in a statement to CNN at the time. In an interview with CNN, the film’s director Ali Abbasi questioned whether US audiences would ever get to see it. “So that became the red thread through the story, and we organized everything around it, and that was very helpful.”“The Apprentice” is now playing in theaters.

Persons: Sebastian Stan, Donald Trump, Jeremy Strong, Roy Cohn, Maria Bakalova, Ivana Trump, Stan, “, ” Stan, ”, Cohn, Will Brill, Al Pacino, Strong, ” Strong, It’s, ” Steven Cheung, Ali Abbasi, ” Abbasi, Roy Organizations: CNN, Republican, ”, HBO, Cannes Film, Trump Locations: America

Trump’s re-election campaign has excoriated the project, calling it “pure malicious defamation” and “garbage,” and sent the producers a cease-and-desist letter. Vanity Fair journalist Gabriel Sherman, who wrote the screenplay, draws a direct line between Cohn’s bare-knuckle tactics and Trump’s modern-day political persona. In one graphic scene, the dramatized Trump character sexually assaults his first wife, Ivana Trump (played by Maria Bakalova), after a bitter argument. In another notable sequence, Trump’s character goes under the knife for scalp reduction surgery and a liposuction procedure. “You might find some of these character questions you have about Trump answered,” Abbasi said.

Persons: Donald Trump, Trump’s, Ali Abbasi, Abbasi, “, ”, McCarthy, Roy Cohn, Trump, Gabriel Sherman, Cohn, Jeremy Strong, Sebastian Stan, ” Abbasi, Sherman, Fred, Ivana Trump, Maria Bakalova, ” Pief, Steven Cheung, doesn’t, ” Cheung, Tom Ortenberg, ’, ” Ortenberg, Kevin Smith’s, Bill Maher’s “, Oliver Stone’s “, George W, Bush, Briarcliff, Jamal Khashoggi, Ortenberg, It’s Organizations: Cannes Film, Republican, New York, Manhattan, Vanity, NBC, Trump, Hollywood, Briarcliff Entertainment, Catholic League, Washington Post, Saudi, Variety Locations: Hollywood, American, Tehran, Copenhagen, “, New York City, Saudi Arabian, Istanbul

☆ Behind the scenes of the Trump movie Trump doesn't want you to see
▼ + stars: | 2024-10-11 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

That's because of a twisty backstory involving gun-shy Hollywood studios, a fledgling producer, and his father-in-law: Dan Snyder, a billionaire Trump supporter who initially bankrolled the movie. Related storiesYou got a Trump supporter to fund this movie, which in no way is a movie a Trump supporter would want to see, let alone fund. And so indirectly, a Republican Trump donor's money was paying for the production of this movie. The nightmare scenario would be that we shoot this movie and then Dan Snyder hates the movie and somehow is able to block it. AdvertisementThis will sound pretty cavalier from me, but: It seems like if there's an "unseeable Trump movie" that is going to immediately make people demand to see it.

Persons: Donald Trump's, Vanity Fair's Gabriel Sherman, —, Donald Trump, Gabriel Sherman, Sherman, Roy Cohn, Trump, Sebastian Stan, Bucky Barnes, Cohn, Succession's, Jeremy Strong, you'd, Dan Snyder, humanizes Trump, I've, humanize Donald Trump, I'm, Roger Ailes, It's Donald Trump's, Mark Rapaport, He's, Snyder, Ivana, Dan, who've, unseeable, Jeff Bezos, doesn't, mishegoss, Time Warner Organizations: Trump, Service, Marvel, Hollywood, Fox News, YouTube, Republican, Washington NFL, NFL, Republican Trump, Cannes, Telluride Film, MGM, Washington Post, FCC, Justice Department, Time Warner, CNN, Time, DOJ Locations: New York City, Cannes, French, France, America, Hollywood

☆ 'The Apprentice' director shares the challenges of making a Donald Trump movie despite receiving a cease-and-desist letter from the former president
▼ + stars: | 2024-10-11 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +14 min

Ali Abbasi's film 'The Apprentice' faced backlash from Donald Trump after its Cannes debut. Advertisement"The filmmakers now readily admit they fabricated scenes and created fake stories to fit some deranged narrative about President Trump that is completely untrue," Trump communications director Steven Cheung said Friday. Do a Donald Trump movie!" But frankly, my motivation was that it is not a Donald Trump movie. Maria Bakalova as Ivana Trump and Sebastian Stan as Donald Trump in "The Apprentice."

Persons: Ali Abbasi's, Donald Trump, Abbasi, —, Ali Abbasi, Shelley, Sebastian Stan, Roy Cohn, Jeremy Strong, Stan, Strong, Maria Bakalova, Ivana Trump, Ivana, Trump, Gabriel Sherman, Michael Moore's, Trump's, Steven Cheung, Kamala, Kamala Harris, doesn't, You've, I'm, Roy, Donald, Roy Cohn's playbook, Gabe, Win McNamee, Sebastian, Jeremy, Maria, Martin Donovan, Fred, We're, John Nacion, don't, That's, wouldn't Organizations: Cannes, Trump, Service, York, Briarcliff Entertainment, Business, Zoom, Hollywood, White House, Coastal Carolina University Locations: New York City, Danish, Iran, York City, Hollywood, Cannes, Conway, SC, Scythia, Trump

☆ Watch CNBC's full interview with IBM vice chair Gary Cohn
▼ + stars: | 2024-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with IBM vice chair Gary CohnGary Cohn, IBM vice chair, joins 'Money Movers' to discuss how investors should feel about inflation, what the Federal Reserve should do, and how Cohn would prefer the last mile of inflation be wiped away.

Persons: Gary Cohn Gary Cohn, Cohn Organizations: IBM, Federal

☆ Fed will cut rates by 100 basis points this year, says IBM's Gary Cohn
▼ + stars: | 2024-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed will cut rates by 100 basis points this year, says IBM's Gary CohnGary Cohn, IBM vice chair, joins 'Money Movers' to discuss how investors should feel about inflation, what the Federal Reserve should do, and how Cohn would prefer the last mile of inflation be wiped away.

Persons: Gary Cohn Gary Cohn, Cohn Organizations: IBM, Federal

☆ Jeremy Strong says criticizing straight actors for playing gay roles is ‘absolutely valid’
▼ + stars: | 2024-10-08 | by ( ) www.nbcnews.com time to read: +2 min

Jeremy Strong recently told the Los Angeles Times that “it’s absolutely valid” to criticize straight actors for playing gay characters, although he also strongly believes that it’s an actor’s job “to render something that is not necessarily your native habitat.” Strong stars as Donald Trump’s mentor Roy Cohn in “The Apprentice.”“Yes, it’s absolutely valid,” Strong said about the criticism. The debate over whether or not straight actors should play gay roles has been a consistent one in Hollywood over the last few years. “I felt a sense of uncertainty sometimes about whether I’m taking up someone’s space, and perhaps guilt. “An actor is an actor is an actor. That’s the whole point of it.”Read Strong’s full interview with the Los Angeles Times here.

Persons: Jeremy Strong, ”, Donald Trump’s, Roy Cohn, ” Strong, Nicholas Galitzine, “, George, Mary, ” Galitzine, ” Stanley Tucci, it’s, ” Tucci, You’re Organizations: Los Angeles Times, British GQ, BBC Locations: Hollywood, British

☆ Melania Trump says she 'couldn't believe it' when Arizona was called 'so early' for Biden in 2020
▼ + stars: | 2024-10-08 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Melania Trump in her new book questioned the early Arizona call for Biden on election night in 2020. AdvertisementFormer first lady Melania Trump in her new memoir echoed her husband, former President Donald Trump, by continuing to cast doubt on the results of the 2020 presidential election. Related storiesThe Associated Press projected that Biden would win Arizona hours after Fox News had made their call. But among news outlets, there was some hesitation to call Arizona for Biden early on given the close margin in the state. projections in very important races) because we couldn't rule out a Trump victory based on the available data," he said.

Persons: Melania Trump, Biden, —, Donald Trump, Joe Biden, Nate Cohn Organizations: Service, GOP, Republican, Democratic, Fox News, Trump, Arizona, Associated Press, Biden, The New York Times, The Times, Fox Locations: Arizona, Washington , DC, Maricopa County

☆ Former NEC Director Gary Cohn: Port strike will have real short-term impact on the U.S. economy
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer NEC Director Gary Cohn: Port strike will have real short-term impact on the U.S. economyGary Cohn, IBM vice chairman and former National Economic Council Director under President Trump, and Jay Clayton, Apollo non-executive chairman and former SEC Chairman, join 'Squawk Box' to discuss last night's VP debate, Harris vs. Trump economic agendas, impact of U.S. port strike on the economy, and more.

Persons: Gary Cohn, Trump, Jay Clayton, Apollo, Harris Organizations: NEC, IBM, National Economic, SEC Locations: U.S

☆ Democrats aim to show a judge how pro-Trump Georgia election board could spark certification ‘chaos’
▼ + stars: | 2024-10-01 | by ( Hannah Rabinowitz | Sara Murray | ) edition.cnn.com time to read: +10 min

Disputes across the country are brewing over the role of local election boards and how much power they have to question – or even throw out – election results. In Georgia, for instance, Trump-backed members of the state election board recently passed controversial rules that could allow local election boards responsible for certifying results to conduct investigations that threaten to delay certification. One of the Georgia rules, the “Reasonable Inquiry Rule,” would allow election officials to conduct a “reasonable inquiry” before certifying election results. The petitioners in the case argue that the rule would give partisan board members a wide ability to cast doubt on, or even reject, election results. In some cases, the threat of legal action has been enough to deter officials from pursuing challenges to the certification process.

Persons: Donald Trump, Kamala Harris, ”, Ben Berwick, ” “, ” Berwick, –, Mike Pence, Robert Froman, Joe Biden, Froman, ” Froman, State Francisco Aguilar, Aguilar, Gideon Cohn, Postar, “ It’s, ” Cohn, Trump, Ronna McDaniel Organizations: CNN, Capitol, Trump, Democratic National Committee, Georgia Democratic Party, Democratic, Democracy, Republicans, Georgia Republicans, Republican National Committee, Republican, Michigan Department of State, Detroit News, ACLU, State, Arizona voters, Institute for Responsive Government, Republican National, Commonwealth and Pennsylvania Department of State Locations: Georgia , Michigan, Nevada, Wisconsin, Georgia, Kalamazoo County , Michigan, Michigan, canvassers, Washoe, Washoe County, Reno, Arizona, Pennsylvania, New Mexico, North Carolina, Michigan’s, Wayne County, Detroit, Otero County , New Mexico

☆ Opinion | No Turkish Delight for New York’s Mayor
▼ + stars: | 2024-09-28 | by ( Maureen Dowd | ) www.nytimes.com time to read: +1 min

Cindy Adams, The New York Post gossip G.O.A.T., feted her 94th birthday at her rococo Park Avenue apartment in April. I was mesmerized looking around at an amazing web of scheming New York power brokers. A spidery crop of tabloid Gotham villains uneasily circling one another and eating animal crackers and ice cream in the red-lacquered, Ming dynasty’d-out lair of the tabloid queen. Bill O’Reilly was there with an assistant who was handing out cards awarding a free subscription to his substack. Nearby was Robert Thomson, the top lieutenant and best friend of Rupert Murdoch, the mogul who fired O’Reilly for sexual misconduct at Fox News.

Persons: Cindy Adams, you’re, Joey Adams, Roy Cohn’s louche, dynasty’d, Woody, Yi, Bill O’Reilly, Robert Thomson, Rupert Murdoch Organizations: The New, The New York Post, Gotham, Fox News Locations: The New York, New York

Eric Adams was indicted on 5 criminal charges but denies wrongdoing in language that mirrors Trump. AdvertisementNew York City Mayor Eric Adams' indictment may be unprecedented, but his rhetoric isn't. In his staunch denial of any wrongdoing, Adams is sounding eerily similar to another politician: former President Donald Trump. AdvertisementBeyond painting themselves a victim or "target," Trump and Adams struck a similar tone another topic: immigration. At a press conference in New York City on Thursday afternoon, Trump defended Adams and praised the mayor's immigration stance.

Persons: Eric Adams, Biden, Trump, Adams, —, Donald Trump, Roy Cohn, he's, He's, Fani Willis, Jack Smith, Joe Biden, Harris, Kathy Hochul, Democratic National Convention . Sen, Mark Kelly, Kamala Harris Organizations: Service, York City, Democrat, Mansion, Biden, Democratic National Convention . Locations: York, Turkish, Fulton County, New York City

☆ You can't always refinance a mortgage to capitalize on lower rates: Here's when a lender may say 'no'
▼ + stars: | 2024-09-23 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

Otherwise, your lender might not approve your mortgage refinance, experts say. A change in your financial situation, like a layoff or lower income, or higher debt, could mean you don't qualify. "Your mortgage rate and whether or not you get approved for a loan or refinance ... depends on you," said Channel. You refinanced recently Technically, there are no hard limits on how many times you can refinance your mortgage, Channel said. It may be in your best interest to only consider a mortgage refinance every few years, if your financial situation has changed or if rates are falling "really dramatically," Channel explained.

Persons: Cohn, haven't, refinanced, you've

☆ Opinion | Why Trump Can’t Shake Project 2025
▼ + stars: | 2024-09-22 | by ( Ezra Klein | ) www.nytimes.com time to read: +3 min

That, after all, is what Project 2025 was actually meant to be. When he said, during his debate with Kamala Harris, that he hadn’t read Project 2025 and has no intention of doing so, I believed him. But Project 2025 — and much else like it that has gotten less press — is more than a compendium of policy proposals: It is an effort to build a deep state of Trump’s own. This is the problem groups like Project 2025 set out to solve. Behind the policy playbook sits a database of around 20,000 applicants ready to be part of the next Trump administration.

Persons: Donald Trump, Trump, Kamala Harris, Coke, It’s, Mike Pence, Reince, MAGA, Steve Bannon, Stephen Miller, Nikki Haley, Jared Kushner, Gary Cohn, Read, Katy Talento, playbook, ” Organizations: Fox, Friends, H.R, McMaster, Council, Republican Locations: Washington

I think they understand that he's so transactional and so devoid of core values that anything that they want they can manipulate him to get," Cuban said of Silicon Valley backers of Trump. It's unclear what business Cuban is referring to. Related storiesTo be sure, this isn't the first time Cuban has speculated on his Silicon Valley peers' motivations for backing Trump. But after digging into Trump's business records, Cuban said he changed his mind. "I just think he was and would be a lousy president," Cuban wrote.

Persons: —, Cuban, Donald Trump, Brian Tyler Cohen, Trump, Cohen, Elon Musk, Musk, It's, Jon Stewart, They've, Stewart, Cuban's, Kamala Harris, Roy Cohn, McCarthy, Vivek Ramaswamy, Mike Pence, Axios, Joe Biden Organizations: Service, Business, Trump, Cuban, bros, Republican, Trump University Locations: Silicon Valley, Silicon, Cuban, Springfield , Ohio

☆ Former NEC Director Gary Cohn: The Fed is on the other side of their dual mandate
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer NEC Director Gary Cohn: The Fed is on the other side of their dual mandateGary Cohn, IBM vice chairman and former National Economic Council Director under President Trump, and Jay Clayton, Apollo non-executive chairman and former SEC Chairman, join 'Squawk Box' to discuss the Fed's interest rate decision, state of the economy, and more.

Persons: Gary Cohn, Trump, Jay Clayton, Apollo Organizations: NEC, IBM, National Economic, SEC

☆ Trump's debate fumble let Harris redefine the race
▼ + stars: | 2024-09-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Trump even muddled the most basic attack on connecting Harris to Biden, claiming at one point that Biden "hates" his own vice president. Trump, an acolyte of Roy Cohn, forgot the controversial lawyer's most famous adage to "Attack, Attack, Attack" when he needed it the most. And as he did, all night, Trump took the bait, spending the first part of his rebuttal defending the money his father gave him. Harris continues to have a slight lead in the major national polling averages, but the race remains even closer in key swing states. After reversing himself many times, Trump declared before the weekend that he would not debate Harris again.

Persons: —, Donald Trump, Kamala Harris, Trump, Harris, Joe Biden's, isn't, Sen, JD Vance, Vance, Abraham, Lindsey Graham, Biden, Mike Pence, Bush, Karl Rove, Roy Cohn, Hunter, Joe Biden, you've, Tim Walz, Walz, Doug Emhoff, Gwen Walz Organizations: Service, Business, Trump, Republican, New York Times, Publicly, Abraham Accords, Politico, The New York Times, Ivy League, Wharton School of Finance, White House, Democratic, Biden Locations: United States, Harris, Ukraine, Ohio, Siena, North Carolina, Michigan, Wisconsin, Minnesota, Nevada , Arizona, Florida, Georgia , New Hampshire, Maine, Arizona

☆ IBM vice chairman Gary Cohn: Market sell-off in part due to 'exaggerated' reaction to debate
▼ + stars: | 2024-09-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIBM vice chairman Gary Cohn: Market sell-off in part due to 'exaggerated' reaction to debateGary Cohn, IBM vice chairman and former NEC director, joins CNBC to discuss his reaction to the presidential debate, the viability of Harris' economic plan, outlooks on tariffs, and much more.

Persons: Gary Cohn, Harris Organizations: IBM, NEC, CNBC

The average rate for a 30-year, fixed-rate mortgage dropped to 6.35% on August 29 from 6.46% a week ago, the lowest mortgage rates have been in 15 months, according to Freddie Mac. "I bought a house when [the mortgage rate] was 15% and then I refinanced." "No bank is ever going to give you a true no closing cost loan at the lowest possible rate. And buying with the goal of refinancing is always taking a gamble on mortgage rates, which comes with a certain amount of risk. Even though recent declines in mortgage rates may gain steam as the Fed lowers its benchmark rate, lower mortgage rates could also boost homebuying demand, which would push prices higher.

Persons: Freddie Mac, Jacob Channel, Dottie Herman, Douglas Elliman, I've, Melissa Cohn, William Raveis, Banks, Cohn, Keith Gumbinger, Michael Krowe, Krowe Organizations: Brigade, Getty, Federal, LendingTree, Fed, William Raveis Mortgage, HSH.com, Edelman Locations: New York

☆ Starbucks and activist Elliott met last week to discuss settlement
▼ + stars: | 2024-08-12 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Laxman Narasimhan attends the 2023 TAAF Annual AAPI CEO Dinner at The Pool on September 26, 2023 in New York City. Activist Elliott Management and Starbucks ' board of directors are in settlement talks, according to people familiar with the matter. Elliott and Starbucks' directors met last week to discuss the activist's settlement offer, said the people, who requested anonymity to discuss private matters freely. CNBC's David Faber reported Monday that settlement talks, if successful, could result in Elliott managing partner Jesse Cohn becoming a Starbucks director. Elliott has amassed a Starbucks stake valued at up to $2 billion, CNBC previously reported.

Persons: Laxman Narasimhan, JP Yim, Elliott, CNBC's David Faber, Jesse Cohn, Cohn, Howard Schultz Organizations: Asian American Foundation, Elliott Management, Starbucks, CNBC, Wall Street, Elliott, Texas, Southwest Airlines Locations: New York City, Salesforce, China

☆ Starbucks shares get a lift on one-two punch of activist moves. More upside should be ahead
▼ + stars: | 2024-08-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Activist involvement is heating up at Starbucks , increasing the likelihood that the coffee chain makes changes necessary to boost its languishing stock price. This one-two punch of activist news is sending shares of Starbucks higher by more than 2% Monday, to nearly $77 each. We upgraded our rating on Starbucks' stock to a buy-equivalent rating last month on hopes that Elliott's presence would lead to positive changes inside the company. Board seats aside, Elliott's exact plan to lift Starbucks' stock is not known. This is not the first time Elliott and Starboard have been in a Club stock at the same time.

Persons: Jeff Smith's, It's, John's, Elliott Management —, Jesse Cohn, Cohn, Satya Nadella, Elliott, Jim Cramer, Jim, That's, Laxman Narasimhan, Wells Fargo, Jim Cramer's, Beata Zawrzel Organizations: Street Journal, Olive Garden, Darden, CNBC, Microsoft, Starbucks, Club, Constellation Brands, Nurphoto, Getty Locations: China, North America, Salesforce, Krakow, Poland

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